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Fuel price hikes only benefit government: Fox

Posted|April 13, 2017

Borden-Carleton
– The
latest unscheduled fuel price increase by the Island Regulatory and Appeals
Commission will only benefit the coffers of the MacLauchlan government, says
Opposition Leader Jamie Fox. "Close to 16 per cent of Islanders are deemed
low-income and many more struggle to get by. Higher fuel prices take more of
their hard-earned money and give it to government in the form of more tax
revenue. This tired Liberal government continues to have some of the highest
fuel taxes in Canada," said Fox. The Island Regulatory and Appeals Commission
made an unscheduled fuel price adjustment overnight, increasing gasoline prices
by 4.5 cents per litre and furnace oil prices by two cents a litre. Fox noted
the contradiction of higher fuel prices hurting low-income and vulnerable
Islanders while government takes in more and more tax revenue, with many
Islanders in rural communities lacking access to public transit alternatives.
"An $80 fillup includes $26 of taxes and that's before a carbon tax is imposed
on all Islanders. People just can't afford this tired Liberal government
constantly stuffing their pockets with our wallets," said Fox. Fox repeated his
suggestion that the province should look at moving to a weekly regional model
for fuel price adjustments to reduce volatility for consumers and
businesses.

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